Fund manager Hermes is embarking on a £717m investment programme in overseas property for its owner, the BT Pension Scheme.
The commitment – about 2pc of the £30bn fund – will be primarily focused on continental European and Asian real estate. The new investment will come from the scheme’s current 12.5pc allocation to UK and...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point